AAC Clyde Space Wins Order of 340 000 GBP to Develop Solar Panels for Orbital Manoeuvring Vehicle2020-06-04 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected to develop a new solar panel for Moog's new Small Launch Orbital Manoeuvring Vehicle (SL-OMV), a space tug designed to deploy Cubesat constellations and guide small satellites to their final orbit. The order value is 340 000 GBP (approx. 4.0 MSEK) with planned delivery during the first quarter of 2021. Moog will supply the Small Launch Orbital Manoeuvring Vehicle (SL-OMV) to Lockheed Martin as part of the UK Spaceflight Programme, supported by the UK Space Agency. The lightweight vehicle is a propulsive tug to be used on rockets dedicated to the launch of small satellites.
"We are delighted to have been chosen by Moog to develop and manufacture the solar panel for their part of the UK Spaceflight Programme. The SL-OMV will be a game changer for small satellites and will enable the upcoming UK launchers to deploy the complex mega constellations that AAC Clyde Space and others are developing right now" said AAC Clyde Space CEO Luis Gomes.
AAC Clyde Space will develop, qualify, and deliver the first flight model of the solar panel in the first quarter of 2021 and expects it to be followed by more orders.
The U.S. company Moog designs and manufactures components and systems for satellites and launch vehicles. It has been active in the space industry for more than 60 years and offers a family of orbital manoeuvring vehicles. FOR MORE INFORMATION:
Please visit: www.aac-clyde.space or contact:
CEO Luis Gomes [email protected]
CFO Mats Thideman, [email protected], mobile +46 70 556 09 73
The following documents can be retrieved from beQuoted
AAC-Clyde-Space-Press-release-2020-06-04-ENG.pdf ABOUT AAC CLYDE SPACE
The group AAC Clyde Space offers turnkey solutions and services from mission design to on-orbit operations, including reliable customizable satellite platforms in the range of 1 to 50 Kg and a full range of subsystems for cube and small satellites. With unrivalled flight heritage and end-to-end service, AAC Clyde Space enables customers to reach their mission goals through a single, trusted point of contact.
AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. Erik Penser Bank AB, e-mail [email protected], telephone +46 8 463 83 00, is the Certified Adviser.
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